MillerKnoll, Inc. is a prominent designer and manufacturer of furniture and related products for both commercial and residential spaces. The company is known for its innovative approach to modern design and sustainability, offering a diverse range of products that include seating, workstations, and collaborative zones aimed at enhancing productivity and supporting well-being in various environments. MillerKnoll combines a portfolio of well-established brands and maintains a strong commitment to creating adaptable and aesthetically pleasing solutions that meet the evolving needs of workplaces and homes around the globe. Read More
A number of stocks fell in the afternoon session after stocks gave back some of the gains from the previous day as the White House clarified the tariffs on imports from China would add up to 145%, while the baseline 10% tariffs remained in place for most countries. This added layer of uncertainty reminded investors that the global trade environment remained volatile, limiting the potential for sustained market gains.
Office furniture manufacturer MillerKnoll (NASDAQ:MLKN) missed Wall Street’s revenue expectations in Q1 CY2025, with sales flat year on year at $876.2 million. Next quarter’s revenue guidance of $930 million underwhelmed, coming in 3% below analysts’ estimates. Its non-GAAP profit of $0.44 per share was in line with analysts’ consensus estimates.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the office & commercial furniture industry, including HNI (NYSE:HNI) and its peers.
MillerKnoll shares are trading lower after the company reported its first-quarter financial results after Thursday's closing bell. Here's a look at the details from the report.
Shares of Kodiak Sciences Inc. (NASDAQ: KOD) fell sharply during Thursday’s session after the company reported a wider-than-expected fourth-quarter loss. Kodiak Sciences posted a quarterly loss of $1.13 per share, compared to market expectations for a loss of 77 cents per share.
